CIPA (Camera & Imaging Products Association in Japan) published their latest camera production data (orange: 2024, black: 2023, blue: 2022):

February 2024 CIPA numbers by ZoetMB

Everything is up compared to YTD 2023, but there are a few interesting anomalies:  DSLR units are up 2% YTD, but shipped value is up 10%, indicating that the models remaining are higher priced.   It’s similar with compacts:  units are exactly the same as last YTD, but shipped value is 28% higher.    However, the ratio of lenses to bodies shipped is again down slightly and mirrorless share (of mirrorless + DSLR) has been dropping slightly.

CIPA has predicted 5.89m ILCs, 1.52m compacts and 9.57m lenses for calendar 2024, but based on the trends of the first two months and the ship patterns of 2023, ILC shipments might be substantially higher.

That compares to:*

2023: 6.001 million bodies (+1.25%), 9.639 million lenses (-0.92%).
2022: 5.927 million bodies (+10.8%), 9.7 million lenses (+1.6%).
2021: 5.348 million bodies (+0.75%), 9.55 million lenses (+6.1%)
2020: 5.308 million bodies (-37.3%), 9 million lenses (-36.6%)
2019: 8.462 million bodies (-21.4%), 14.2 million lenses (-21.1%)
2018: 10.76 million bodies (-7.9%), 18 million lenses (-6.4%)
2017: 11.68 million bodies (+0.6%) 19.22 million lenses (+0.156%)
2016: 11.61 million bodies (-11.1%), 19.19 million lenses (-11.6%)
2015: 13.06 million bodies (-5.6%), 21.7 million lenses (-5.2%)
2014: 13.84 million bodies (-19.2%), 22.9 million lenses (-14.2%)
2013: 17.13 million bodies (-15%), 26.7 million lenses (-12.2%)

2012: 20.16 million bodies (+28.5%), 30.4 million lenses (+16.9%)

2011: 15.69 million bodies (+21.7%), 26.0 million lenses (+19.9%)
2010: 12.89 million bodies (+30%), 21.69 million lenses (+34.7%)
2009: 9.91 million bodies (+2.2%), 16.1 million lenses (+2.5%)
2008: 9.7 million bodies (+17.4%), 15.7 million lenses (+25.6%)
2007: 8.26 million bodies, 12.5 million lenses
*Bodies = ILC bodies

February 2024:  Cumulative Units & Shipped Value:
(All comparisons to YTD 2023)

DSLR Units : 136.7K +2% YTD
DSLR Shipped Value: ¥6.81 billion +10% YTD

Mirrorless Units: 642K +43% YTD
Mirrorless Shipped Value: ¥76.7 billion +47% YTD

Compact Units: 237.4K +0% YTD
Compact Shipped Value: ¥12.31 billion +28% YTD

Lenses for smaller than 35mm sensors Units: 668K +29% YTD
Lenses for smaller than 35mm sensor Shipped Value: ¥13.8 billion +33% YTD

Lenses for 35mm and larger sensors Units: 614K +5% YTD
Lenses for 35mm and larger sensors Shipped Value: ¥50.6 billion +16% YTD

Cumulative 2024 Mirrorless unit share (of Mirrorless + DSLR): 82.4% (was 77% YTD 2023)
Cumulative 2024 Mirrorless Shipped Value share: 91.9% (was 89.4% YTD 2023)

The ratio of lenses shipped to bodies shipped is 1.65 for YTD 2024.  (was 1.89 for YTD 2023).

Full-year 2024 Geographic Share: (Asia doesn’t include China or Japan)

DSLR:
Units:                   China 09.6%, Asia 09.8%, Japan 5.5%, Europe 32.6%, Americas 41.4%, Other 1.4%
Shipped Value: China 14.9%, Asia 11.3%, Japan 6.1%, Europe 29.0%, Americas 37.6%, Other 1.1%

Mirrorless:
Units:                   China 23.0%, Asia 18.2%, Japan 11.0%, Europe 20.3%, Americas 23.4%, Other 4.1%
Shipped Value: China 24.1%, Asia 18.1%, Japan 09.5%, Europe 19.4%, Americas 23.5%, Other 5.3%

Compacts:
Units:                   China 07.5%, Asia 11.8%, Japan 22.4%, Europe 21.8%, Americas 30.4%, Other 6.2%
Shipped Value: China 11.6%, Asia 14.0%, Japan 13.6%, Europe 23.3%, Americas 30.7%, Other 6.7%

Lenses:
Units:                   China 19.2%, Asia 16.5%, Japan 11.5%, Europe 23.7%, Americas 25.4%, Other 3.7%
Shipped Value: China 24.6%, Asia 17.4%, Japan 10.3%, Europe 21.1%, Americas 21.9%, Other 4.7%

Approximate shipped value per unit (at ¥151.61=$1):

DSLR: $329
Mirrorless: $788
Compact: $342
Lenses: $331

A list of participating CIPA companies can be found here.

Via NikonRumors

The post February 2024 CIPA numbers appeared first on Photo Rumors.

The latest CIPA forecasts indicate that the shipments of digital cameras will fall in 2024 compared to 2023:

• All digital cameras: down 4% (7.41 million units)
• Interchangeable lens cameras: down 1.8% (5.89 million units)
• Cameras with integrated lenses:  down 11.6% (1.52 million units)

At the same time, while the number of camera shipments is on the decline, the shipment value of digital cameras in 2023 increased by 4.9% from the previous year to 714.3 billion yen.

CIPA report: camera prices doubled in 3 years and increased 6 times in 10 years

CIPA 2024 camera shipment outlook

January 2024 CIPA numbers

Via Newswitch

The post The future according to CIPA: fewer camera shipped with higher prices appeared first on Photo Rumors.

CIPA (Camera & Imaging Products Association in Japan) published their latest camera production data (orange: 2024, black: 2023, blue: 2022):

January 2024 CIPA numbers by ZoetMB

January was an excellent month for shipments with mirrorless bodies up 58.7%, lenses for smaller than 35mm sensor up 47% and shipped value for larger than 35mm sensors up 35% and just about everything else substantially higher than January 2023.  However, the ratio of lenses to bodies shipped is down slightly.

CIPA has predicted 5.89m ILCs, 1.52m compacts and 9.57m lenses for calendar 2024.

That compares to:

2023: 6.001 million bodies (+1.25%), 9.639 million lenses (-0.92%).
2022: 5.927 million bodies (+10.8%), 9.7 million lenses (+1.6%).
2021: 5.348 million bodies (+0.75%), 9.55 million lenses (+6.1%)
2020: 5.308 million bodies (-37.3%), 9 million lenses (-36.6%)
2019: 8.462 million bodies (-21.4%), 14.2 million lenses (-21.1%)
2018: 10.76 million bodies (-7.9%), 18 million lenses (-6.4%)
2017: 11.68 million bodies (+0.6%) 19.22 million lenses (+0.156%)
2016: 11.61 million bodies (-11.1%), 19.19 million lenses (-11.6%)
2015: 13.06 million bodies (-5.6%), 21.7 million lenses (-5.2%)
2014: 13.84 million bodies (-19.2%), 22.9 million lenses (-14.2%)
2013: 17.13 million bodies (-15%), 26.7 million lenses (-12.2%)
2012: 20.16 million bodies (+28.5%), 30.4 million lenses (+16.9%)
2011: 15.69 million bodies (+21.7%), 26.0 million lenses (+19.9%)
2010: 12.89 million bodies (+30%), 21.69 million lenses (+34.7%)
2009: 9.91 million bodies (+2.2%), 16.1 million lenses (+2.5%)
2008: 9.7 million bodies (+17.4%), 15.7 million lenses (+25.6%)
2007: 8.26 million bodies, 12.5 million lenses

January 2024:  Cumulative Units & Shipped Value:

(All comparisons to full-year 2023)

DSLR Units : 66,134 +17% YTD
DSLR Shipped Value: ¥2.86 billion +5% YTD

Mirrorless Units: 326.8K +59% YTD
Mirrorless Shipped Value: ¥40 billion +68% YTD

Compact Units: 111.5K -1% YTD
Compact Shipped Value: ¥5.2 billion +12% YTD

Lenses for smaller than 35mm sensors Units: 333.6K +47% YTD
Lenses for smaller than 35mm sensor Shipped Value: ¥7.08 billion +56% YTD

Lenses for 35mm and larger sensors Units: 326.2K +16% YTD
Lenses for 35mm and larger sensors Shipped Value: ¥28.19 billion +35% YTD

Cumulative 2024 Mirrorless unit share (of Mirrorless + DSLR): 83.2% (was 78.5% YTD 2023)
Cumulative 2024 Mirrorless Shipped Value share: 93.3% (was 89.7% YTD 2023)

The ratio of lenses shipped to bodies shipped is 1.68 for YTD 2024.  (was 1.94 for YTD 2023).

Full-year 2024 Geographic Share: (Asia doesn’t include China or Japan)

DSLR:
Units:                   China 07.0%, Asia 13.2%, Japan 6.3%, Europe 35.0%, Americas 37.1%, Other 1.4%
Shipped Value: China 08.4%, Asia 15.3%, Japan 8.2%, Europe 33.4%, Americas 33.3%, Other 1.5%

Mirrorless:
Units:                   China 23.8%, Asia 20.7%, Japan 10.4%, Europe 20.4%, Americas 19.7%, Other 5.1%
Shipped Value: China 22.8%, Asia 19.8%, Japan 09.3%, Europe 20.3%, Americas 21.3%, Other 6.5%

Compacts:
Units:                   China 05.4%, Asia 11.9%, Japan 18.9%, Europe 22.2%, Americas 33.0%, Other 8.5%
Shipped Value: China 07.0%, Asia 14.1%, Japan 13.6%, Europe 23.4%, Americas 33.7%, Other 8.3%

Lenses:
Units:                   China 20.0%, Asia 17.8%, Japan 10.8%, Europe 23.0%, Americas 24.6%, Other 3.8%
Shipped Value: China 25.3%, Asia 17.5%, Japan 09.3%, Europe 18.9%, Americas 24.2%, Other 4.8%

Approximate shipped value per unit (at ¥150.44=$1):

DSLR: $288
Mirrorless: $814
Compact: $310
Lenses: $355

A list of participating CIPA companies can be found here.

Via NikonRumors

The post January 2024 CIPA numbers appeared first on Photo Rumors.

CIPA published their 2024 camera shipment outlook:

2024 Outlook on the Shipment by Product-Type Concerning Cameras and Related Goods

The Camera & Imaging Products Association (CIPA: President Hiroyuki Ikegami) has announced the outlook on the shipment by product-type concerning cameras and related goods for the 2024.

1. Track Record of Digital Camera Shipments 2023

While total shipments of digital cameras were 96.4% those of the previous year, and the mainstay “interchangeable-lens” type cameras were 101.2% and the leading mainstay “mirrorless” cameras were 118.6%, a two-digit growth.

In 2023 (January to December cumulative), the total shipments of digital cameras were 7,720,505 units, 96.4% of the previous year. (The attached “Outlook” table shows the figures in units of 10,000.)

However, shipments of interchangeable-lens digital cameras, which account for 78% of total shipments, were 5,998,913 units, 101.2% of the previous year. Moreover, those of the leading mainstay, mirrorless cameras, which account for 81% of interchangeable-lens digital cameras, reached 4,832,813 units, 118.6% of the previous year.

Now that an enormous number of people are immediately becoming well-versed in photos and heavy photo users by taking a lot of photos continuously as soon as they have a smartphone in hand, interchangeable-lens digital cameras and mirrorless cameras are a receptacle for the newly sprouted desire to “take better pictures” and “take pictures that I couldn’t take before.”

Shipments to China and other regions: more than 100% of the previous years, even for digital cameras in total

Shipments of mirrorless cameras were more than 100% of the previous years in all regions. However, as for those of digital cameras in total, there were clear differences among regions.

Shipments to Japan were 98.1%, to Asia (except for Japan and China) 98.2%, to Europe 80.8% and to the Americas 94.3%.

In contrast, shipments to China were 124.7%, and to other regions 104.0%. As for China, while there were some negative reports on general economic trends in 2023, the digital camera market performed well or quite well.

As decreases in shipments to Japan and Asia (except for Japan and China) were less than 2%, total shipments to Japan, China, and Asia (except for Japan and China), or shipments to all Asian destinations, now account for almost half, 46.1%, of total shipments worldwide.

Although shipments of digital cameras in total were less than the previous year, it should be noted that by category, mirrorless cameras remain popular and that by region, China and other regions are gaining momentum.

2. Shipments of Interchangeable Lenses in 2023

Total shipments of interchangeable lenses were 99.1% of the previous year, a slight decrease. Shipments of lenses for cameras of a format smaller than 35mm were 100.1%.

The total shipments of interchangeable lenses were 9,638,752 units, 99.1% of the previous year. While the figure slightly decreased, it exceeded 1.6 times that of interchangeable-lens digital cameras (body only) (for every interchangeable-lens digital camera, 1.6 units of interchangeable lenses were shipped in 2023). They continued to make a presence as another mainstay product that determines the range of expression with digital cameras.

By category, lenses for cameras of a format smaller than 35mm, such as APS-C and Micro Four Thirds for lightweight and compact-sized interchangeable-lens digital cameras, were shipped in higher quantities than the previous year.

3. Shipping Outlook 2024

Total digital camera shipments in 2024 (from January to December cumulative) are expected to be 7.41 million units, which is 96.0% of the previous year, including 860,000 units or 94.5% to Japan, and 6.55 million units or 96.2% to countries other than Japan.

By category, the total shipments of interchangeable-lens digital cameras are expected to be 5.89 million units, which is 98.2% of the previous year, including 510,000 units or 98.1% to Japan, and 5.38 million units or 98.2% to countries other than Japan, and that of digital cameras with built-in lens is 1.52 million units or 88.4%, including 350,000 units or 89.7% to Japan, and 1.17 million units or 88.0% to countries other than Japan.

As for interchangeable-lens digital cameras, it is 9.57 million units or 99.3% of the previous year, including 1.03 million units or 100.0% to Japan, and 8.54 million units or 99.3% to countries other than Japan.

As the market experienced a slowdown slightly toward the end of 2023, this outlook is less than bullish. However, digital cameras are items closely connected to “outdoor demands” and “outing demands.” In association with the current trend breaking away from the COVID-19 pandemic, further growth is expected.

Here are the results of a survey CIPA performed in Japan:

CIPA Survey Results in Japan by NikonRumors on Scribd

The post CIPA 2024 camera shipment outlook appeared first on Photo Rumors.